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Showing 621 - 630 of 6679 results for "Sale"

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
Federal Reserve chair Jerome Powell has repeated the commitment to reducing inflation to 2% and maintaining a restrictive policy until this goal is reached. In a speech on Thursday, Powell told the Economic Club of New York that the September inflation ...

Hostplus-backed redevelopment secures $295m from ANZ

JAMIE WILLIAMSON  |  THURSDAY, 19 OCT 2023
... chair Paul Hameister said the scale of the loan is indicative of ANZ's belief in the security of the consortium and the pre-sale success of previous stages. For example, the first residences, completed late last year, were completely sold out in 2021. ...

Fidelity finds key barriers in Australian estate planning

ANDREW MCKEAN  |  WEDNESDAY, 18 OCT 2023
A Fidelity International report shows that although most Australians feel obligated to share their wealth with future generations, a mere one in 10 have prepared a comprehensive estate plan. Drawing on nationally representative data by research firm ...

Equity Trustees offloads Irish business

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... buyout by Equity Trustees Ireland chief executive Kevin Lavery, with additional investment from Irish-based MFM Capital. The sale includes the roughly $1 million in cash the business holds for regulatory capital purposes. The transaction is expected ...

AIA restructures retail insurance unit

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
AIA Australia's retail insurance division has a new structure, with underwriting, new business administration, and distribution capabilities now combined. The life insurer said the change will unite the key touchpoints in the retail-advised purchasing ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

ISPT to offload retail, office properties

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2023
... do not align "with the desired scale and sector allocation goals of the fund," ISPT said. As such, ISPT is to commence the sale process of four retail centres - Melbourne's GPO, The Strand Melbourne, Halls Head Central WA, and Eastgate Bondi Junction ...

GQG adds local sales staffer

ELIZABETH FRY  |  FRIDAY, 13 OCT 2023
The Florida-based boutique investment manager continues to grow its wholesale footprint by hiring more distribution people in Australia. GQG Partners has appointed Daniel Pantè as associate director of business development to help look after Victorian ...

Perpetual hires new distribution lead

ELIZABETH FRY  |  FRIDAY, 13 OCT 2023
Perpetual Asset Management has appointed longstanding wealth operative Tom Loneragan as head of listed and direct. In this role, Loneragan will sit within the distribution and sales team and report to the firm's head of wealth, Lee Hopperton. The ...

Link Fund Solutions sale completes

CHLOE WALKER  |  TUESDAY, 10 OCT 2023
Link Group has completed the sale of its UK and Irish fund solutions business to Waystone Group (Waystone), a year after first seeking a buyer. Having sought a buyer since October 2022, the sale of the troubled Fund Solutions arm to Waystone was first ...